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rotijai
    28-Jun-2011 19:32  
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breaking the previous high..

now finding new high :)

muifan      ( Date: 28-Jun-2011 19:24) Posted:



congrats roti ! I touch down Sg too late liao..market already closed..Seems like now i alone in this boat liao...

I am following master sifu alexchia method  of riding the trend in this counter.

It closed at 1.38 today which is higher than the previous high of 1.36 early this year.

No one can know the trend or limit now..

However, I also executed master sifu   ipunter's   zero tolerance for loss..I set my profit protection

at 1.35..assuming if it falls below 1.36 which is the previous highest high...it should turn into a super thick piece of resistance...

my 6 cents worth..

rotijai      ( Date: 28-Jun-2011 08:44) Posted:

i am selling today :


 
 
muifan
    28-Jun-2011 19:24  
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congrats roti ! I touch down Sg too late liao..market already closed..Seems like now i alone in this boat liao...

I am following master sifu alexchia method  of riding the trend in this counter.

It closed at 1.38 today which is higher than the previous high of 1.36 early this year.

No one can know the trend or limit now..

However, I also executed master sifu   ipunter's   zero tolerance for loss..I set my profit protection

at 1.35..assuming if it falls below 1.36 which is the previous highest high...it should turn into a super thick piece of resistance...

my 6 cents worth..

rotijai      ( Date: 28-Jun-2011 08:44) Posted:

i am selling today :)

muifan      ( Date: 27-Jun-2011 14:59) Posted:



i already sold half last week and now slapping myself

hahaha..

i see more upside in this counter..

I find myself making the mistake of not letting profit run but always let losses run ( hold and hold if loss) :


 
 
muifan
    28-Jun-2011 17:11  
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Just reached home...

stxosv broke out 2nd stronghold resistance...

more upside ...

cheoooonggg ahhhhhhhhhh
 

 
iPunter
    28-Jun-2011 16:55  
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Exiting (cutting loss) is a compromise,

    since holding on can result in bigger losses.

      It is the insurance one pays for the safety

              of protecting oneself from possible big losses.... Smiley
 
 
eastcivic
    28-Jun-2011 16:51  
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ya that is very true.... happens to me alot of time already :(

iPunter      ( Date: 28-Jun-2011 16:48) Posted:



But in reality, the act of cutting loss is

    itself also a bet. Often, the market

          reverses after one has cut loss,

                resulting in a whipsaw. .. Smiley



 
 
iPunter
    28-Jun-2011 16:48  
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But in reality, the act of cutting loss is

    itself also a bet. Often, the market

          reverses after one has cut loss,

                resulting in a whipsaw. .. Smiley


 

 
eastcivic
    28-Jun-2011 16:41  
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oh  come on sembcorp bulls! time to wake up leh!!!
 
 
eastcivic
    28-Jun-2011 16:29  
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ya  so in conclusion, need  to  have a trading plan and be  assertive in executing  my trading plan Smiley

iPunter      ( Date: 28-Jun-2011 16:19) Posted:



If you assertive then got fun, mah...

  But enter stock position also must be assertive,

        as long as cut loss also assertive, then it's okay...Smiley


eastcivic      ( Date: 28-Jun-2011 16:15) Posted:



lol when it comes to nonsensical talk, i dare to be assertive....

but when it comes to serious stuff like stockpicking or entry and exit.... then i dare not.... lol 

compared to all my seniors(in terms of age as well as  knowledge and experience in the stock  market)  here, i  this small boi boi how can dare to be assertive  Smiley


 
 
iPunter
    28-Jun-2011 16:19  
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If you assertive then got fun, mah...

  But enter stock position also must be assertive,

        as long as cut loss also assertive, then it's okay...Smiley


eastcivic      ( Date: 28-Jun-2011 16:15) Posted:



lol when it comes to nonsensical talk, i dare to be assertive....

but when it comes to serious stuff like stockpicking or entry and exit.... then i dare not.... lol 

compared to all my seniors(in terms of age as well as  knowledge and experience in the stock  market)  here, i  this small boi boi how can dare to be assertive  Smiley

iPunter      ( Date: 28-Jun-2011 16:04) Posted:



Omgosh! ...

    This is the for time you sound so assertive!!!

            But no problem, we know you are a good chap... Smiley


 
 
eastcivic
    28-Jun-2011 16:15  
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lol when it comes to nonsensical talk, i dare to be assertive....

but when it comes to serious stuff like stockpicking or entry and exit.... then i dare not.... lol 

compared to all my seniors(in terms of age as well as  knowledge and experience in the stock  market)  here, i  this small boi boi how can dare to be assertive  Smiley

iPunter      ( Date: 28-Jun-2011 16:04) Posted:



Omgosh! ...

    This is the for time you sound so assertive!!!

            But no problem, we know you are a good chap... Smiley


eastcivic      ( Date: 28-Jun-2011 16:00) Posted:



ipunter and icetomato, you are both WRONG!

should stay away from beef at the moment(i assume you are both holding long positions)..... don't kill the bull ru


 

 
iPunter
    28-Jun-2011 16:05  
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  [error]

Omgosh! ...
    This is the first me you sound so assertive!!!
            But no problem, we know you are a good chap... Smiley

 
 
 
iPunter
    28-Jun-2011 16:04  
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Omgosh! ...

    This is the for time you sound so assertive!!!

            But no problem, we know you are a good chap... Smiley


eastcivic      ( Date: 28-Jun-2011 16:00) Posted:



ipunter and icetomato, you are both WRONG!

should stay away from beef at the moment(i assume you are both holding long positions)..... don't kill the bull run

iPunter      ( Date: 28-Jun-2011 15:58) Posted:



Drink Bovril real beef extract will cuase bull run.

    But many people stop taking beef cos they very scared

        of mad cow disease. But yet so many masses still driink

                cow milk... humans very puzzling...  Smiley


 
 
eastcivic
    28-Jun-2011 16:00  
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ipunter and icetomato, you are both WRONG!

should stay away from beef at the moment(i assume you are both holding long positions)..... don't kill the bull run

iPunter      ( Date: 28-Jun-2011 15:58) Posted:



Drink Bovril real beef extract will cuase bull run.

    But many people stop taking beef cos they very scared

        of mad cow disease. But yet so many masses still driink

                cow milk... humans very puzzling...  Smiley


icetomato      ( Date: 28-Jun-2011 15:43) Posted:

Wei civic, you nonsense again. You lah you got the most ?? one. Teach me how to use can.. Anyone tried the omigyu? Maybe I should go eat this cow. Or go buy bovril with real cow inside. Zzz.


 
 
eastcivic
    28-Jun-2011 15:58  
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no leh. i only use moving averages, support & resistance lines, fibonacci

icetomato      ( Date: 28-Jun-2011 15:45) Posted:

most ''fa bao'' aka tools and weapons.  don't know why my chinese words appear as ''??"

icetomato      ( Date: 28-Jun-2011 15:43) Posted:

Wei civic, you nonsense again. You lah you got the most ?? one. Teach me how to use can.. Anyone tried the omigyu? Maybe I should go eat this cow. Or go buy bovril with real cow inside. Zzz.


 
 
iPunter
    28-Jun-2011 15:58  
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Drink Bovril real beef extract will cuase bull run.

    But many people stop taking beef cos they very scared

        of mad cow disease. But yet so many masses still driink

                cow milk... humans very puzzling...  Smiley


icetomato      ( Date: 28-Jun-2011 15:43) Posted:

Wei civic, you nonsense again. You lah you got the most ?? one. Teach me how to use can.. Anyone tried the omigyu? Maybe I should go eat this cow. Or go buy bovril with real cow inside. Zzz..

eastcivic      ( Date: 28-Jun-2011 11:28) Posted:



lol all so humble...


 

 
icetomato
    28-Jun-2011 15:45  
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most ''fa bao'' aka tools and weapons.  don't know why my chinese words appear as ''??"

icetomato      ( Date: 28-Jun-2011 15:43) Posted:

Wei civic, you nonsense again. You lah you got the most ?? one. Teach me how to use can.. Anyone tried the omigyu? Maybe I should go eat this cow. Or go buy bovril with real cow inside. Zzz..

eastcivic      ( Date: 28-Jun-2011 11:28) Posted:



lol all so humble...


 
 
icetomato
    28-Jun-2011 15:43  
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Wei civic, you nonsense again. You lah you got the most ?? one. Teach me how to use can.. Anyone tried the omigyu? Maybe I should go eat this cow. Or go buy bovril with real cow inside. Zzz..

eastcivic      ( Date: 28-Jun-2011 11:28) Posted:



lol all so humble....

rotijai      ( Date: 28-Jun-2011 11:23) Posted:



me? eh i think i am the youngest and the noobest here.. n also i am in the most -ve in trading here..

i think i am fit to be four heavenly students here ? :


 
 
belgeran
    28-Jun-2011 14:16  
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oh wow... nice sellin on your end.. got sold down alot~

eplepl      ( Date: 28-Jun-2011 11:35) Posted:



if clear 1.97 very goodm but 1.98 or 1.99 then confirmed uptrend.....

 

rotijai      ( Date: 28-Jun-2011 11:05) Posted:



Good move !

congras :


 
 
hlfoo2010
    28-Jun-2011 13:26  
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Do he spend so much time look all thats ????????????????

Bottom line is make $$$$$$$$$$$$$$$$$$$$$$$$$$$ or not  

  What-Is-Warren-Buffetts-investopedia-4147178556.html.jpg
 
 
eastcivic
    28-Jun-2011 12:57  
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i primarily look at moving averages, candlesticks, volume  and fibonacci. but i use 3 moving averages, so to me 3 moving averages, candlesticks and fibonacci that makes up to 6?

i also look at RSI, stochastics and MACD but don't really follow these 3 as much as those mentioned above.

alexchia01      ( Date: 28-Jun-2011 12:44) Posted:



5 to 8 is also quite a lot.

I only uses 3. Moving Average, MACD and Candlesticks.

And I'm still thinking of dumping MACD.

The funny thing is that... The less I use, the better I get.

Actually, there is a saying that Indicators were released by the BBs to confuse and set up traps for retail buyers.

eastcivic      ( Date: 28-Jun-2011 12:02) Posted:



i also agree that if one uses too many tools, indicators, formulae, it may just cloud his/her mind.

therefore i think use about 5-8 would be comfortable enough? or maybe 10? i'm not too sure  Smiley


 
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